May 18, 2020

Opportunities and Obstacles for Contractors in a COVID-19 Economy

On Friday, May 15, 2020, Kerr Russell attorneys Max A. Sneyd, Jason W. Bank, and Liam K. Healy presented to a group of electricians. The the team discussed legal issues related to the COVID-19 pandemic and their impact on contractors. They also discussed updates on the following legal topics:

Contracts

Max Sneyd discussed contract enforceability during a pandemic. He specifically focused on force majeure contract clauses, the impossibility doctrine, and the uniform commercial code. Max explained when these clauses may be enforced and how they may impact a contractor.

Bankruptcy and Restructuring

Jason Bank discussed how to work with businesses in financial distress. He explained what to expect in 2020 and beyond, focusing on companies restructuring and filing for bankruptcy. Jason also gave tips for what to do if you are owed money by a troubled business.

Paycheck Protection Program

Liam Healy covered the Paycheck Protection Program (PPP). He discussed how to avoid problems PPP and how to achieve maximum loan forgiveness.

The full webinar can be viewed HERE.

Max Sneyd focuses his practice on assisting clients with intellectual property protection, contract formation and negotiation, and entrepreneurial growth. With 20 years of experience, he leads the firm’s Intellectual Property practice group. He also assists clients on intellectual property litigation, licensing, business torts, entertainment law, supplier disputes.

 

 

Jason W. Bank is the chair of the firm’s Bankruptcy and Restructuring department. He focuses his practice in the areas of commercial bankruptcy, out-of-court workouts, corporate restructuring and creditors’ rights. Jason has successfully guided numerous businesses through out-of-court restructurings and Chapter 11 reorganizations. He has negotiated resolutions of complex financial issues and debtor-creditor disputes and achieved consensual restructurings while avoiding bankruptcy or litigation.

 

Liam K. HealyLiam K. Healy of Kerr Russell practice clients maintain compliance with state and federal tax laws that govern individuals and businesses focuses his practice on helping clients maintain compliance with the myriad of state and federal tax laws and regulations that govern individuals and businesses. A particular focus of Liam’s practice is in the area of employee benefits and ERISA. Liam specializes in designing pension and executive compensation plans to benefit business owners and executives. His practice includes drafting and reviewing deferred compensation agreements, severance agreements and non-compete agreements, representing employers in multi-employer plan collection and withdrawal liability matters.

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